188 Cottage St - Warehouse FOR SALE


Poughkeepsie, NY 12601
$1,400,000 USD
845-242-4381
188 Cottage St, Poughkeepsie, NY for Sale
$1,400,000 USD
Warehouse - FOR SALE
1/5
null | 8.92% Cap Rate

188 Cottage St
Poughkeepsie, NY 12601


HIGHLIGHTS

  • Fully occupied multi-tenant industrial complex located in industrial zone
  • Many recent upgrades, no deferred maintenance
  • Current cap rate 8.91%

OVERVIEW

Multi-tenant industrial investment opportunity in the City of Poughkeepsie. Above average cap rate with no deferred maintenance. Good rental upside when owner vacates a couple of units upon sale, or does short-term leaseback.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

8.92%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Industrial Complex

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

11

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.94

LAND SF

40,946

ZONING

C-3

APN/PARCEL ID

131300-6162-72-450202-0000

ASK ABOUT THIS PROPERTY

Don MinichinoKeller Williams Realty PartnersMore Info
845-242-4381

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Don MinichinoKeller Williams Realty PartnersMore Info
845-242-4381

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.